Mourinho named Real coach

Image: Mourinho: Poised for Real move

Real Madrid will present Jose Mourinho as the new manager of the Spanish club on Monday.

Clubs agree compensation fee for Portuguese boss

Real Madrid will present Jose Mourinho as the new manager of the Spanish club on Monday. Real made the announcement on Friday, two days after confirming they had sacked coach Manuel Pellegrini. It is understood Inter were originally demanding a €16m (£13.6m) severance fee to allow Mourinho to leave his post at the San Siro two years early. But it is understood that Real president Florentino Perez flew to Milan on Friday, where he agreed an €8million (£6.8m) deal with Inter chief Massimo Moratti to bring the Portuguese boss to the Bernabeu. "The president Massimo Moratti and Florentino Perez met this afternoon," said a statement on Inter's official website. "In light of the excellent and constructive relations of friendship that exist between the two clubs, an agreement was reached on the contractual clause that binds Jose Mourinho to FC Internazionale. "The time and the manner by which the agreement will be honoured has been defined. "Massimo Moratti thanks Florentino Perez for his willingness to join him in Milan and for his courtesy, which confirms, once again, the strong link between the two prestigious clubs." Mourinho, who guided Inter to a record treble of trophies this season, will be presented as the new coach on Monday.

Around Sky